SBA Loans for Coworking Spaces: With Katelyn Hendricks, VP of Business Development, Byline Bank

In this episode, we cover:
Understanding SBA Loans: Katelyn provides an overview of what SBA loans are, the different types available, and the benefits they offer, especially for coworking space operators.
Richie Parsons' SBA Loan Journey: Richie shares his personal experience with SBA loans, detailing the challenges he faced and how Byline Bank's support made a significant difference.
Key Considerations for Securing SBA Loans: Learn about the essential documentation and preparation needed when applying for an SBA loan, including business plans, projections, and financials.
The Role of Banks in the SBA Process: Katelyn explains the importance of working with a preferred lender like Byline Bank, which can streamline the approval process and offer creative financing solutions.
Tips for Coworking Operators: Practical advice on how to structure your real estate deals and prepare for SBA loan applications to increase your chances of securing the necessary funding.
Resources Mentioned in this Podcast:
Katelyn on LinkedIn - / katelyn-hendricks-13a8...
Byline Bank website - www.bylinebank...
Richie on LinkedIn - / richieparsons
Connect with your Hosts:
Connect with Giovanni on LinkedIn - / giovanni-palavicini-23...
Connect with Jamie on LinkedIn - / jamierusso
Find Jamie on the Everything Coworking Podcast - www.everything...
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✅ About Everything Coworking.
Welcome to Everything Coworking!
I help you launch and run profitable coworking spaces that fit your business and personal goals. Tune in for tips, advice, and insights on creating a successful coworking space. Learn from my weekly podcast, which features expert interviews and industry updates. Whether you're just starting or looking to improve your space, I've got you covered.
🔔 Hit subscribe now, and you won't miss expert tips, industry updates, engaging podcasts, and expert interviews on launching and running a profitable coworking space!
/ @everythingcoworking
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